CISO Global, Inc. (NASDAQ:CISO) Short Interest Update

CISO Global, Inc. (NASDAQ:CISO) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 227,450 shares, a decrease of 43.5% from the January 29th total of 402,402 shares. Based on an average daily volume of 414,417 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.7% of the shares of the company are short sold. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 414,417 shares, the days-to-cover ratio is currently 0.5 days.

CISO Global Price Performance

Shares of CISO stock traded down $0.01 during midday trading on Friday, hitting $0.38. The company had a trading volume of 250,917 shares, compared to its average volume of 353,955. The stock has a market cap of $16.57 million, a price-to-earnings ratio of -2.69 and a beta of 1.77. The company’s 50 day simple moving average is $0.43 and its 200 day simple moving average is $0.75. CISO Global has a 52-week low of $0.30 and a 52-week high of $1.70.

Hedge Funds Weigh In On CISO Global

Institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC raised its position in CISO Global by 26.7% during the 4th quarter. Geode Capital Management LLC now owns 357,713 shares of the company’s stock worth $172,000 after buying an additional 75,367 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of CISO Global in the second quarter valued at about $94,000. Virtu Financial LLC acquired a new position in shares of CISO Global during the third quarter worth about $58,000. XTX Topco Ltd purchased a new position in CISO Global during the second quarter worth about $37,000. Finally, Quadrant Private Wealth Management LLC purchased a new position in CISO Global during the third quarter worth about $32,000. 40.08% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of CISO Global in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About CISO Global

CISO Global, Inc (NASDAQ: CISO) is a cybersecurity and risk management firm that delivers a comprehensive suite of services designed to strengthen organizational defenses and ensure regulatory compliance. The company’s core offerings include managed security services, threat monitoring, incident response, vulnerability assessments and penetration testing. By integrating advanced analytics, automated tooling and human expertise, CISO Global aims to protect enterprises from evolving cyber threats while maintaining the integrity of critical systems and data.

In addition to its managed security platform, CISO Global provides advisory and consulting services that cover risk and compliance management, governance framework development, security policy design and third-party risk assessments.